Junior Financial Analyst (Western Cape) at Flash Group

Job Role: 

• The Junior Financial Analyst will support the Cellular (Airtime) team in analysing financial data, preparing reports, and assisting in day-to-day operational requirements.
• This position is ideal for individuals looking to start their career in finance and gain valuable commercial experience in financial analysis, forecasting, and strategic planning.

Responsibilities:

Financial Analysis and Reporting:

• Assist in the preparation of financial statements, including income statements, balance sheets, and cash flow statements.
• Conduct variance analysis to compare actual results to forecasts and budgets.
• Prepare monthly, quarterly, and annual financial reports for senior management.
• Determination of the key financial KPI’s

Budgeting and Forecasting:

• Support the budgeting process by gathering data, inputting figures, and analyzing trends.
• Assist in creating and updating financial forecasts based on current data and market trends that need to be communicated timeously with internal and external stakeholders.

Stock Management:

• SKU availability and stock levels
• Monthly stock reconciliations and stock ageing management

Data Collection and Management:

• Gather financial and operational data from various departments and ensure its accuracy and completeness.
• Maintain and update financial databases and spreadsheets.

Research and Analysis:

• Conduct research on industry trends, market conditions, and competitor performance.
• Assist in performing financial analysis related to specific projects or business initiatives.

Support Functions:

• Provide support to financial analysts and finance managers/accountants as needed.
• Assist in special projects and ad-hoc financial analysis requests.

Requirements

Requirements:

• A Bachelor of Commerce degree (BCom).
• Eligible to register as a CA(SA)/newly qualified CA(SA) (advantageous).
• A minimum of 3 years’ article experience (signed-off).
• Proficiency in financial modeling and advanced Excel skills.
• Attention to detail and high level of accuracy.
• Proficiency in the latest Microsoft applications including Advanced Excel and PowerBI (preferred). 
• Understand and develop pricing structures to enable maximum profitability through indexing interest rates payable, receivable, time value of money. 
• Ability to present data and findings clearly and concisely.

Competencies / Attributes:

• Build strong relationships: Work closely with team members within the department and build sound relationships.
• Communicate effectively with stakeholders to understand their needs and provide appropriate analytical support.
• Effective communication skills: Good written and verbal communication skills. Communicate effectively with stakeholders to understand their needs and provide appropriate analytical support.
• Analytical skills: Strong analytical and problem-solving skills.
• Attention to detail and high level of accuracy in data handling.
• Commercial Awareness: Awareness of how financial analysis supports business decisions and strategic planning.
• Time management: Ability to prioritise tasks and manage time efficiently.
• Eagerness to learn: Willingness to learn new skills and take on new challenges.